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25.08.2014
Botswana Diamonds salutes JV partner Alrosa as ‘top’ targets drilling commences Sept
Botswana Diamonds said its Sunland joint venture with the Russian diamond giant, Alrosa is proving to be fruitful. Company chairperson John Teeling told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that their strategy in Orapa, Botswana would have been different had they not partnered with the Russians. He also said that apart from its partnership with Alrosa, Botswana Diamonds believed that it was operating in the right area. Teeling noted that they had “excellent” indications that there are undiscovered kimberlites in Orapa.

18.08.2014
Diamonds as a Commodity? Not a Problem - Sians Mussa
sians_mussa_preview.jpgSians Mussa is President of the Italian Diamond Bourse. He began his career as diamond dealer in 1969. The Sians family has been active in the Diamond industry for 3 generations and has offices in Milan, Rome, Valenza, Tel Aviv and New York. President Sians currently works in his Italian office together with his two sons, David and Doni. President Sians discussed with Rough&Polished the role of diamond bourses, what diamond represents in modern society, and the status of the Italian jewellery industry.

11.08.2014
What kind of impact may possible sanctions from U.S. and E.U. produce on jewelry community?
The diamond and jewelry industries have repeatedly been through various ordeals. So, should the Russian jewelers be fearful for their business in the light of recent events? And will the Russian diamond industry turn to be a winner in some way in case of sanctions on the part of Europe or America? Rough&Polished addressed these questions to the heads of diamond industry companies.





Belgium's Polished Exports +8%, Imports +28% in May

17.06.2013

Belgium's polished diamond exports rose 7.7 percent year on year in May to $1.271 billion, while the price per carat jumped 12.5 percent to $1,993, according to data collected by the Antwerp World Diamond Centre. However, polished diamond imports surged 27.9 percent to $1.314 billion, leaving Belgium with a net polished export deficit of $43 million compared with net exports worth $154 million in May 2012.
Rough imports fell 5.4 percent in May to $1.051 billion and rough exports increased 6.1 percent to $1.221 billion. The data resulted in a rough import deficit of $170 million during the month compared with a deficit of $40 million one year ago. Belgium's net diamond account for May, reflecting the net difference between exports and imports, plummeted to a deficit of $3 million compared with a surplus of $194 million one year ago.
During the first five months of 2013, Belgium has exported $5.778 billion worth of polished diamonds, up 1.4 percent year-on-year, while polished imports have fallen 2.3 percent to $5.542 billion. Net exports of polished diamonds totaled $236 million compared with only $24 million for the same period in 2012. Rough imports of $5.929 billion during the first five months reflected a 5.5 percent year on year increase, and yet rough exports have risen 6.3 percent to $6.333 billion, leaving an import deficit of $404 million compared with a deficit of $335 million.
Belgium's net diamond account for the January through May period improved 78.3 percent year on year to $640 million.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished

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